BlackRock Wants Exchanges Using BUIDL as Derivatives Collateral

BlackRock is reportedly reaching out feelers to some of the world’s largest crypto exchanges for a potentially lucrative business deal. It wants them to allow BUIDL as collateral for derivatives trades, directly competing with Tether. As of yet, few of the involved parties have gone on the record with specific details. BlackRock’s Collateral Strategy BlackRock aims to integrate... source: https://beincrypto.com/blackrock-buidl-derivatives-collateral/